The Economy

Uncertainty is rampart in the world of business and finance right now and it has been that way since 2008.  Why?  Approximately half of the world has severe debt problems (See the home page).  Over the last four years there has been a vacuum in presidential leadership.

President Obama backed away from the bipartisan Simpson-Bowles Commission’s findings (solutions to our government’s fiscal problems).  According to U.S. Senator Tom Coburn, M.D., “His [President Obama’s] decision, I believe, will be remembered as one [of] the greatest failures of presidential leadership in American history.”  (See my review of The Debt Bomb).

I predict a worldwide depression if President Obama is reelected (See the home page).

If we elect Governor Romney, Congressman Ryan and a host of Republicans at all levels we can, and I think we will, innovate in government.  We will remove the uncertainty of Obamacare by repealing and replacing it on a sound economic basis.  The uncertainty of an anti-business president will be put aside.

To attract businesses of all sizes to start, expand and hire in America, President Romney writes, “A growth agenda favors low taxes, dynamic regulation, achievement in education, investment in research, robust competition, free trade, energy security and purposeful immigration.  And it seeks to eliminate government waste, excessive litigation, unsustainable entitlement liabilities, runaway healthcare costs, and dependence on foreign oil.  This, in a nutshell, ought to be the economic agenda for America.”

Prosperity for America and potentially the world is at stake in these crucial elections.  The outcome will not only affect our children and grandchildren, but also the immediate future.

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